Originally Posted by
Snoopy233
I hear all kinds of information.. just wonder what is true and what is not.. Where does American stand financially? What are their plans for new aircraft, lowering debt, operational, ect..? Any links to view this info?
American has a lot of debt, but has the newest fleet in the industry, the largest network, and arguably the best hubs/gates. AA has been paying down debt way ahead of schedule for a year now. Debt has been cut over $10billion since Covid. There are lots of articles about it, but AA is not in bad shape. Other airlines are just starting to order airplanes and take deliveries in a period of ridiculously high interest rates and damaged supply chain.
https://www.aerotime.aero/articles/a...rlines-q2-2023
Probably the best thing AA has going for it is the new airplanes. With manufacturing and supply chain issues, it is taking forever to get new aircraft right now. Some airlines keep talking about all of these new orders, but the manufacturers are saying that there is no way that they can meet the timelines. Cabin interiors have to be ordered a minimum of 24 months out right now and engine production is a disaster.
The key to being in good shape going forward are as many airplanes as possible and pilots to fly them. AA is in good shape in regards to this.